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7-9 Market Pl 498 sq ft Retail Property Warminster BA12 9AY £325,000 (£652.61/sq ft) 3.85% Net Initial Yield
Investment Highlights
- Great Investment opportunity.
- 1 X 1 Bed Flat.
- 1 x Retail Unit.
- 1 x 2 bed Maisonette.
Executive Summary
The freehold of this mixed use investment opportunity is available for the guide price of £325,000.
Once fully let it would provide a residential income of £20,400 per annum (62% of the total income), and a commercial income of £12,500 (38% of the total income). With a quoting price of £325,000, equating to a gross initial yield of 10.12% and a net initial yield of 9.77% (assuming purchasers costs of 3.6%).
Once fully let it would provide a residential income of £20,400 per annum (62% of the total income), and a commercial income of £12,500 (38% of the total income). With a quoting price of £325,000, equating to a gross initial yield of 10.12% and a net initial yield of 9.77% (assuming purchasers costs of 3.6%).
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
498 sq ft
Costar Property Class
B
Year Built
1900
Price
£325,000
Price per sq ft
£652.61
Yield
3.85%
NOI
£12,500
Tenancy
Single
Number of Floors
3
Plot ratio
0.62
Total Plot Size
0.02 ac
1 1
Nearby Major Retailers
1 of 15
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7-9 Market Pl
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